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February 19, 2020 at 11:49 am · · Comments Off on SAVE THE DATE! MEREDA’s 2020 Spring Real Estate Conference will be held on May 21st.

SAVE THE DATE! MEREDA’s 2020 Spring Real Estate Conference will be held on May 21st.

The Chamberlain Model – Developing Maine’s Future:  Then and Now

MEREDA is developing an exciting topic for the Spring Conference, scheduled for May 21, 2020. In celebration of Maine’s Bicentennial this year, the Spring Conference will look at Joshua Chamberlain’s historical model of the Maine Economy, and how it informs Maine’s economic future.

Click Here for More Details

February 14, 2020 at 12:54 pm · · Comments Off on MEREDA is honored and excited to invite its membership to “Breakfast with the Mayor of Portland, Kate Snyder”

MEREDA is honored and excited to invite its membership to “Breakfast with the Mayor of Portland, Kate Snyder”

A welcomed opportunity to engage in a “Town Hall Meeting” discussion about the role of this leadership position within our community, and discover what we can learn about each other. Ms. Snyder is thrilled to join MEREDA at this early and formative moment in her 4-year term to ensure she hears what matters most to our membership.  Mayor Snyder will be “interviewed” by MEREDA Board Member and Events Committee Chair, Shannon Richards, of Hay Runner.

Make plans to join MEREDA on March 19, 2020 from 7:30 AM – 9:00 AM at the Clarion Hotel in Portland to learn about the City of Portland’s new Mayor, Kate Snyder.

Click here to register now

About the Event:

MEREDA’s Morning Menu – Town Hall with Mayor Kate Snyder, City of Portland

Clarion Hotel
1230 Congress Street
Portland, ME

Breakfast: 7:30 – 8:00 AM
Program: 8:00 – 9:00 AM

About the Presenter:

Kate Snyder is the Mayor of Portland, Maine, the largest city in the state. Ms. Snyder also served on the Portland Board of Public Education (2007-2013) where she served two years as Finance Chair and two years as Chair of the Board.

Prior to becoming Mayor, Ms. Snyder helped to found, and then worked as the Executive Director of the Foundation for Portland Public Schools from 2014-2019, a non-profit with the mission to generate philanthropic support for Portland Public Schools.

Before the Foundation for Portland Public Schools, Ms. Snyder worked in the private sector for Zylo Media, a Portland, Maine-based digital media startup. She also worked in Augusta during Governor John Baldacci’s administration as the Executive Director for the Board of Corrections.

Ms. Snyder. holds a Bachelors’ Degree in Government and French from Skidmore College, a Masters Degree in Public Policy & Management, and a Certificate of Graduate Studies in Applied Research and Evaluation Methods from the University of Southern Maine’s Muskie School of Public Service.

Snyder has served as a Board Member for Jobs for Maine’s Graduates, the Portland Parks Conservancy, and Portland Tomorrow. She recently completed a leadership development course with Maine Network Partners.

Registering for this Event: Click Here to Register Now

MEREDA Members: $45 each | Non-Members: $55 Each
Prices Increase by $10 after March 12.

Your RSVP is requested by March 12. Payment is expected at the time of registration. No refunds will be granted to anyone who registers but fails to attend or who cancels after March 12.

MEREDA’s Morning Menu is Sponsored by Norway Savings Bank.

February 3, 2020 at 8:00 am · · Comments Off on Maine Real Estate & Development Association Elects Matt Worthen to its Board of Directors

Maine Real Estate & Development Association Elects Matt Worthen to its Board of Directors

Matthew Worthen of Falmouth, has been elected to the board of directors of the Maine Real Estate & Development Association (MEREDA), a statewide organization of commercial real estate owners, developers and related service providers.

A shareholder at the law firm Eaton Peabody, Matt is a member in the firm’s Business Practice Group and chair of the firm’s Real Estate Practice Group.  Matt represents institutional lenders, as well as business in a variety of commercial and real estate transactions and law issues, including financing, development, and leasing. In addition to large and mid-sized businesses, Matt works with family-owned and small businesses in Maine, providing them the best representation in all aspects of legal matters. From formation, expansion, leasing, purchase, and sale, Matt’s commitment to his clients’ best interests has served him extremely well in his twenty-year career.

An active member of MEREDA, Matt serves on its Conference Committee and most recently took a leading role helping develop the program for its annual Spring Conference held last May, which fostered a thought-provoking discussion around the future of housing in Maine. The outcome was a fantastic agenda and speaker panel, in which Matt also participated as one of the program’s moderators.

MEREDA’s Vice President of Operations, Shelly R. Clark says, “We are excited to begin working with Matt at the Board level, and look forward to his help in the future to craft more cutting-edge conferences!”

For further information, please contact MEREDA’s Vice President of Operations, Shelly R. Clark at 207-874-0801

January 29, 2020 at 11:51 am · · Comments Off on Join MEREDA for Breakfast on Feb. 25 for a Morning Menu Presentation: “Portland’s Arts District Garage: A Case Study of Private Parking Structure Development”

Join MEREDA for Breakfast on Feb. 25 for a Morning Menu Presentation: “Portland’s Arts District Garage: A Case Study of Private Parking Structure Development”

The five-story, 280-spaced Arts District Garage parking structure on the corner of Brown Street and Cumberland Ave was completed in the summer of 2019. The Arts District Garage project provides lasting new value and utility to the adjacent 10-story office tower at 511 Congress Street, frees up over 150 off-site parking spaces elsewhere in the City, and opens new opportunities to develop potentially hundreds of new residential units in the neighborhood.

Join us for a MEREDA breakfast where garage owner Ed Gardner will discuss considerations leading to the genesis of the project and the operating experience thus far. Project Architect Travis Nadeau of Platz Associates will explain the project’s unique exposed architectural steel design and the permitting process. Developer Ethan Boxer-Macomber of Anew Development will discuss some of the unique financial, public review, and construction administration challenges presented by the project.

Join MEREDA for breakfast on February 25 from 7:30 AM – 9:00 AM at the Holiday Inn By the Bay to learn more about this exciting new project and the some of the unique facets of private parking structure development.

About the Event:

MEREDA’s Morning Menu – Portland’s Arts District Garage: A Case Study of Private Parking Structure Development

Holiday Inn by the Bay
88 Spring Street
Portland, ME

Breakfast: 7:30 – 8:00 AM
Program: 8:00 – 9:00 AM

About the Panelists:

Ed Gardner’s first business investment was a 12-unit apartment building, purchased at the age of 17. From there, he acquired 2 convenience stores. In 1995, Ed bought his first in-town investment, the Portland Performing Arts Center, home of Portland Stage Company. At 54, he celebrated the purchase of property #50 and his largest real estate acquisition, 511 Congress Street Plaza. Owner of Gardner Real Estate Group, Ed is a consistent Top Producing real estate broker in Greater Portland. He was awarded Maine’s REALTOR of the Year, is past presidents of both the Maine Association of REALTORS and the Greater Portland Board of REALTORS. He is the current president of Greater Portland Landmarks and a founder and board member of Portland Equality Community Center.

Travis Nadeau brings over seventeen years of experience in a wide range of municipal, residential, civic, religious, and retail projects, from 70-unit apartment buildings to 175,000 square foot retail entertainment centers. His resume includes the design coordination of six historic tax credit projects, and winners of two Maine Preservation Awards, with the 49-unit Lofts at Bates Mill and the Business Service Center, the adaptive reuse of Maine’s first indoor automobile dealership in downtown Lewiston, Maine. Focused on client satisfaction and effective communication, the design of parking garages has been a specialty for Travis, with projects including a 380-vehicle garage in Lewiston, a 730-vehicle parking structure for the Thompson’s Point mixed-use development in Portland, Maine, and a 523-vehicle parking component of a mixed-use development in historic Downtown Portsmouth, New Hampshire.

Ethan Boxer-Macomber is principal of Anew Development, a Portland-based real estate development company that he founded in 2013. Anew Development partners with for-profit companies and non-profit organizations to plan and implement high quality, sustainable, and community focused residential, commercial and mixed-use developments in communities across Southern Maine. Ethan pairs his training and experience in the areas of real estate development, urban design, land use planning, and housing and community development with a creative, collaborative, and community-minded approach to achieve highest value project outcomes.

 

Registering for this Event: Click Here to Register Now

MEREDA Members: $45 each | Non-Members: $55 Each
Prices Increase by $10 after February 18.

Your RSVP is requested by February 18. Payment is expected at the time of registration. No refunds will be granted to anyone who registers but fails to attend or who cancels after February 18.

Click Here to Register Now

January 28, 2020 at 7:10 am · · Comments Off on Maine Real Estate & Development Association (MEREDA) Recognizes Outstanding Members with Annual Awards

Maine Real Estate & Development Association (MEREDA) Recognizes Outstanding Members with Annual Awards

Portland, ME: In a ballroom overflowing with the broad spectrum of Maine’s real estate and development professionals, MEREDA President Gary Vogel singled out five individuals at last week’s annual Forecast Conference. If tasked with building a structure, this quintet certainly would be qualified to do so: an architect, an interiors expert, a City planner, a lawyer and an artisan took the stage. Instead of an assignment, Vogel handed out MEREDA’s Annual Awards to this group responsible for significant and lasting contribution of responsible real estate development in Maine in 2019.

Brian Curley, President of CHA Architecture, received the 2019 Robert B. Patterson, Jr. Founders’ Award, recognizing his distinguished contributions and support of MEREDA as a highly effective volunteer, providing significant leadership and guidance. An active and enthusiastic member of MEREDA’s Board of Directors from 2011 to 2019, Curley served as vice president for four of those years; he also served on the Executive and Conference Committees.

MEREDA awarded this year’s President’s Award to Bruce Jones, recently retired from Creative Office Pavilion, and the MEREDA Board in December of 2019. MEREDA relies heavily on its volunteer board and committee members, and Vogel singled out Jones as an exceptionally dedicated volunteer who contributed with energy on every level. Since joining MEREDA in 2010, Bruce served on the Board of Directors for seven years, as the Vice President for four years, co-chaired the Conference Committee, and served on the Executive Committee.

Each year, MEREDA presents the Public Policy award to an individual whose efforts have had a considerable impact on public policy changes to benefit responsible real estate development in Maine. Jeff Levine, Adjunct Faculty at the Muskie School and MIT, Department of Urban Studies and Planning, took home the 2019 Public Policy award. From his willingness to present at numerous MEREDA events, to his passionate and diligent work on the behalf of the City of Portland, this award is certainly well-deserved.

The Volunteer of the Year Award is given by MEREDA’s current President to those who selflessly and tirelessly give their time, talents, and energy to MEREDA and its efforts. In recognition of their invaluable work on MEREDA’s 2019 Spring Conference, Shannon Richards of Hay Runner and Matt Worthen of Eaton Peabody shared this year’s Award. Shannon and Matt spearheaded the development of the 2019 Spring Conference, which fostered a thought-provoking discussion around the future of housing in Maine. The duo also served as the program’s moderators.

MEREDA congratulates these five outstanding members, and thanks every volunteer whose contributions of time and talent make the association’s continued success possible.

Gary Vogel, MEREDA President, Jeff Levine, Adjunct Faculty at the Muskie School and MIT, Department of Urban Studies and Planning, Shelly R. Clark, MEREDA Vice President of Operations, Matt Worthen, Eaton Peabody, Shannon Richards, Hay Runner, Bruce Jones, recently retired from Creative Office Pavilion, and Brian Curley, CHA Architecture.

December 13, 2019 at 3:17 pm · · Comments Off on Maine Real Estate & Development Association (MEREDA) Announces Appointment to its Board of Directors

Maine Real Estate & Development Association (MEREDA) Announces Appointment to its Board of Directors

Tiffany Dembowski of Portland has been elected to the board of directors of the Maine Real Estate & Development Association (MEREDA), a statewide organization of commercial real estate owners, developers and related service providers. Tiffany is State Counsel at Chicago, Commonwealth & Fidelity Title Insurance Companies in Portland.  In this role, Tiffany provides underwriting support, counsel, and authorization to agents related to the issuance of real estate title insurance commitments and policies.

A graduate of the University of Maine School of Law, Tiffany is admitted in both Maine and New Hampshire.

In addition to stepping onto the MEREDA board, Tiffany will also participate as co-chair of MEREDA’s Public Policy Committee.   “Tiffany will be a great addition to the MEREDA board.  She has been active already on the Public Policy Committee, and we look forward to her participation now at the board level”, says Shelly R. Clark, Vice President of Operations for MEREDA.

For further information, please contact MEREDA’s Vice President of Operations, Shelly R. Clark at 207-874-0801 for visit www.mereda.org.

December 4, 2019 at 4:10 pm · · Comments Off on Reading the Real Estate Tea Leaves: MEREDA’s Forecast Conference Takes Place January 16th, 2020

Reading the Real Estate Tea Leaves: MEREDA’s Forecast Conference Takes Place January 16th, 2020

As the words “recession” and “downturn” try to tint rose colored glasses with shades of gray, more and more attention turns to the real estate sector to provide a realistic gauge of Maine’s overall economic health. How immune is Maine to a recession at large? How will commercial and residential development continue to shape and paint Maine’s landscape?

Fortunately, the Maine Real Estate & Development Association (MEREDA) contributes a bit of clarity with their annual Forecast Conference and Member Showcase, sponsored by TD Bank. MEREDA’s Forecast Conference brings together the leading economic, political, and development minds in the state to take their best look into the crystal ball of Maine’s real estate and economic future.

With regional overviews covering the Maine markets from Bangor to Kennebunk, and analyses of recent legislative agendas, MEREDA’s Forecast Conference has become an indispensable tool for real estate and development industry professionals, economists, and concerned citizens looking for the most up-to-date information on the fiscal well-being of Maine.

In addition to the invaluable insights provided by the panel of experts, the Forecast Conference  also features a Member Showcase for attendees to connect on a more interactive level. MEREDA members represent a robust economic spectrum, including real estate, banking, engineering, construction, law, and municipalities. All of these viewpoints meld to make the Member Showcase an especially dynamic atmosphere, and an excellent opportunity for members to network and market their products and services.

This forum of people and expertise provides an essential collection of perspectives for anyone working in, or affected by, the real estate market. Don’t sit back and speculate about the economic future of Maine; take advantage of the opportunity to sit at the table with Maine’s real estate leaders. The Forecast Conference takes place on January 16th, 2020 at the Holiday Inn by the Bay. Registration is open and attendance is encouraged.

Click Here to Register Now for MEREDA’s Annual Forecast Conference & Member Showcase

October 2, 2019 at 2:33 pm · · Comments Off on Maine Real Estate & Development Association (MEREDA) Announces Appointments to its Board of Directors

Maine Real Estate & Development Association (MEREDA) Announces Appointments to its Board of Directors

Jason Howe, Partner at Preti Flaherty, and resident of Gorham, Rebecca Hatfield of Falmouth, VP of Real Estate Development and Management at Avesta Housing, and Ethan Boxer-Macomber of Portland, principal of Anew Development, have been elected to the board of directors of the Maine Real Estate & Development Association (MEREDA), a statewide organization of commercial real estate owners, developers and related service providers.

Jason Howe is a Partner in Preti Flaherty’s Business Law and Real Estate practice groups, practicing primarily out of the firm’s Portland office. He represents clients regionally, nationally, and internationally on matters relating to real estate development, corporate restructuring, business acquisitions, private equity investments, and complex commercial leasing. Jason also represents both lenders and private equity groups in financing commercial real estate development and various hospitality concerns. He provides full lifecycle guidance for businesses from strategic start-up structuring and initial investment, to credit facility, acquisition growth, and ultimate sale. Jason also serves as outside general counsel for several companies.

Rebecca Hatfield joined Avesta Housing in 2015 as an Assets and Acquisitions Officer.  She was promoted to Director of Real Estate Development in 2017 and subsequently promoted to her current role in 2019. Rebecca is responsible for overseeing real estate development and property management for Avesta. Prior to Avesta, Rebecca was a Senior Vice President at Citigroup working in various roles within the commercial and corporate bank. She has over a decade of experience in finance with a focus on deal structuring, underwriting, credit risk analysis, and portfolio management. Additionally, she has extensive experience completing real estate transactions. Rebecca’s previous employment also includes five years as a software and network management engineer, serving as Project Manager and Lead Developer. She is a Certified Compliance Professional (C3P) for Low Income Housing Tax Credits.  She currently serves as a board member of Maine Council on Aging and Genesis Community Loan Fund.

Ethan Boxer-Macomber is principal of Anew Development, a Portland-based real estate development company that he founded in 2013. Anew Development partners with for-profit companies and non-profit organizations to plan and implement high quality, sustainable, and community focused residential, commercial and mixed-use developments in communities across Southern Maine.  Ethan currently serves as President of the Board of Directors of GrowSmart Maine, the Loan Committee of the Genesis Community Loan Fund and periodically serves as panelist, guest speaker, or advisor on matters of land use planning and real estate development for various southern Maine municipalities and non-profit organizations.

MEREDA’s Vice President of Operations, Shelly R. Clark says, “Preti Flaherty, Avesta Housing and Anew Development have all been longtime supporters of MEREDA, and Jason, Rebecca, and Ethan will be great additions to the Board of Directors.  We look forward to their active participation on our various committees and we are excited to begin working more closely with each of them.”

For further information, please contact MEREDA’s Vice President of Operations, Shelly R. Clark at 207-874-0801.

Click Here to Download this Press Release

October 1, 2019 at 3:28 pm · · Comments Off on After an Overwhelming Number of Attendees at our Bangor Breakfast, We are Pleased to Host our “Solar Power in Maine” Program Again in Portland!

After an Overwhelming Number of Attendees at our Bangor Breakfast, We are Pleased to Host our “Solar Power in Maine” Program Again in Portland!

Click Here to Register Now

In 2019, the Maine Legislature passed a number of bills related to renewable energy development. After lagging our neighbors in the rest of New England in terms of solar deployment for the last decade, the new policy landscape promises to make Maine a leader in this area and provides substantial opportunities for local private investment for Maine’s real estate community.  Come learn more about the new solar policy landscape in Maine, from design to financing to tax credits and the opportunities it provides for investors, owners, operators, developers, landowners and more.

Join MEREDA for breakfast on December 12, 2019 from 7:30 AM – 9 AM at the Portland Regency Hotel in Portland to learn more about the new solar policy landscape in Maine.

About the Event:

MEREDA’s Morning Menu – “Solar Power in Maine: What you need to know about investing in solar in Maine”

Portland Regency Hotel
20 Milk Street
Portland, ME 04101

Thursday December 12, 2019

Breakfast: 7:30 a.m. – 8:00 a.m.
Program: 8:00 – 9:00 a.m.

About the Panelists: 

Fortunat Mueller is President and co-founder of ReVision Energy, northern New England’s leading renewable energy installation contractor. ReVision Energy is a 100% employee owned, certified B Corp dedicated to the professional design, installation and service of renewable energy systems and has offices in, Liberty, Portland, ME and Brentwood, and Enfield, NH, and North Andover, MA.

Fortunat received a Masters Degree in Mechanical engineering from Brown University with a concentration in thermodynamics and fluid mechanics and is a licensed Professional Engineer in ME and NH.

Justin Morren is a Manager in BerryDunn’s Tax Consulting and Compliance Group. Justin is a seasoned advisor on tax treatments for pass-through entities, and brings a deep understanding of  partnership and limited liability company taxation, including contributed property concerns and complex tax allocations. Justin provides planning, compliance, and consulting services to privately held entities in the professional services, manufacturing, wholesale and retail, real estate, and forest products industries. In this role, he has advised business owners on the tax benefits of renewable energy ITC tax credits. This experience includes tax planning using multiple year income tax projections for after-tax cash flow purposes and tax return compliance.

Jim Larrick has over 15 years of commercial banking experience, with the past 6 years being with Mascoma Bank, a $1.8 billion mutual bank and Certified B Corp with offices in Vermont, New Hampshire and Maine. At Mascoma, Jim serves as both a commercial lender and group manager, and he sits on the Bank’s loan committee. Jim also leads the Bank’s efforts in commercial solar lending, maintaining a solid understanding of legislative rules and regulations. He has closed over $20 million in construction to permanent financing on commercial solar arrays. Jim graduated from the University of Michigan with a Bachelor of Science in Statistics and received his MBA from the University of Chicago.

Registering for This Event:

MEREDA Members: $45 each | Non-Members: $55 Each
Prices Increase by $10 after December 5

Your RSVP is requested by December 5. Payment is expected at the time of registration. No refunds will be granted to anyone who registers but fails to attend or who cancels after December 5.

For more information and to register, visit  https://www.mereda.org

MEREDA’s Morning Menu is Sponsored by Norway Savings Bank.

 

October 1, 2019 at 1:39 pm · · Comments Off on Join MEREDA in Bangor on 10/29 to Learn About Investing in Solar Power in Maine

Join MEREDA in Bangor on 10/29 to Learn About Investing in Solar Power in Maine

In 2019, the Maine Legislature passed LD 91 which reset the state’s metering policy for solar and ensures that consumers who produce electricity from solar panels are fairly compensated for supplying excess energy back to the electric grid. Come learn more about solar, from design to financing to tax credits.

Make plans to join us for breakfast on October 29 from 7:30 AM – 9:00 AM at the Hollywood Casino & Hotel in Bangor.

About the Event:

MEREDA’s Morning Menu – Solar in Maine: What you need to know about investing in solar in Maine

October 29, 2019 – 7:30 – 9:00 AM

Hollywood Casino Bangor
500 Main Street
Bangor, ME

Breakfast: 7:30 – 8:00 AM
Program: 8:00 – 9:00 AM

About the Panelists:

Jeffrey J Eades, National Sales Director at KEF Clean Energy (K4G) since June of 2015, is responsible for the development and delivery of Key Equipment Finance and Key Bank’s Energy Efficiency and Renewable financing offerings throughout the corporate footprint. His role includes the management of sales team members located in the Eastern, Midwestern and West Coast Regions.

Justin Morren is a Manager in BerryDunn’s Tax Consulting and Compliance Group. Justin is a seasoned advisor on tax treatments for pass-through entities, and brings a deep understanding of partnership and limited liability company taxation, including contributed property concerns and complex tax allocations. Justin provides planning, compliance, and consulting services to privately held entities in the professional services, manufacturing, wholesale and retail, real estate, and forest products industries. In this role, he has advised business owners on the tax benefits of renewable energy ITC tax credits. This experience includes tax planning using multiple year income tax projections for after-tax cash flow purposes and tax return compliance.

Vaughan Woodruff, is the CEO and founder of Insource Renewables, a solar contracting firm headquartered in Pittsfield, Maine. Insource Renewables is one of only ten solar installation companies in North America to achieve accreditation and was recognized in 2019 as a “Best For the World” company based on ranking in the top 10% of Certified B Corps around the globe in its treatment of workers. In addition to leading Insource’s efforts over the past decade, Woodruff is the former chair of Maine’s solar industry trade group and is a recognized as a leading voice for the solar industry at the Maine legislature and Public Utilities Commission.

Registering for this Event: Click Here to Register Now

MEREDA Members: $25 each | Non-Members: $35 Each
Prices Increase by $10 after October 22

Your RSVP is requested by October 22. Payment is expected at the time of registration. No refunds will be granted to anyone who registers but fails to attend or who cancels after October 22.

For more information and to register, visit  https://www.mereda.org

MEREDA’s Morning Menu is Sponsored by the City of Bangor, Bowman Constructors and KeyBank,